Advent Technologies Holdings Third Quarter 2022 Earnings: US$0.22 loss per share (vs US$0.23 loss in 3Q 2021)
Advent Technologies Holdings (NASDAQ:ADN) Third Quarter 2022 Results
Key Financial Results
Net loss: US$11.5m (loss widened by 1.7% from 3Q 2021).
US$0.22 loss per share.
All figures shown in the chart above are for the trailing 12 month (TTM) period
Advent Technologies Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 79% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Electrical industry in the US.
Performance of the American Electrical industry.
The company's shares are down 3.0% from a week ago.
Before you take the next step you should know about the 3 warning signs for Advent Technologies Holdings (2 are concerning!) that we have uncovered.
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